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A professional weighing institutional choices

Start with the finding that shapes everything below.

At the 28 August 2026 research check, none of the six institutions in this table held institutional accreditation from a body appearing on a recognised register. Not one.

That does not automatically mean a private award is worthless to you. It means you must not assume that a licence, a membership, a candidate status, a private accreditation or a commercial rating is equivalent to a nationally recognised university degree — because for the purpose you have in mind, it may not be. Read how to check an institution's accreditation before you use this table to make a decision. This is a comparison, not a ranking.

There is no recommended option, no badge and no winner, because which of these is right for you depends entirely on what you need the qualification to do.

The comparison

Fees are shown in the currency each institution publishes. We do not convert them, because exchange rates move and a converted figure would imply a precision that does not exist. Where a cell says "Not published", the institution has not published that fact — it is not an omission on our part.

InstitutionCountryAwarding entityDoctorate feeDurationEntry requirementAccreditor namedOn a recognised register?
Dunster Business School Switzerland Dunster Business School Not published 3–5 years Master's, or bachelor's plus 5 years' experience QAHE, EAHEA, AAEFL No. ACBSP and AACSB are candidacy only; not on the swissuniversities accredited list
EIMT Switzerland EAI Malta (dual enrolment) CHF 22,500 36 months Master's or EQF Level 7, minimum 55% QAHE No. ACBSP candidacy, in EIMT's words "not yet accredited"; not on the swissuniversities accredited list
LSMT UK (Croydon) LSMT £22,500 Conflicting: 30 months, 36 months, or 3–6 years Master's or EQF Level 7, minimum 55% QAHE — accreditation period ended 4 February 2026 No. No evidence found on the OfS Register; LSMT states it is not a UK recognised degree-awarding body
Birchwood University USA (Florida) Birchwood University, LLC $24,150 2 years Bachelor's and master's from a regionally accredited institution, GPA 3.0 None claimed — state licence only No. Florida licence #11386 verified; Florida law states a licence is not accreditation
American Management University USA and France Not published $5,550 (US Executive DBA) 18–36 months IABP membership plus a master's Contradictory across its two sites No. QAHE, IARC and APME of London absent from every register checked
Euro American Education Group Malta Euro American Institute (EAI) Malta €18,000 36 months IELTS 6.5 or equivalent MFHEA licence 2024-032 MFHEA is Malta's national regulator — the strongest claim here — but it is not on EQAR, and we could not verify the licence against the register
Option 01 of 06

Switzerland

Institution

Dunster Business School

Awarding entity

Dunster Business School

Doctorate fee

Not published

Duration

3–5 years

Entry requirement

Master's, or bachelor's plus 5 years' experience

Accreditor named

QAHE, EAHEA, AAEFL

On a recognised register?

No. ACBSP and AACSB are candidacy only; not on the swissuniversities accredited list

Institution

Dunster Business School

Awarding entity

Dunster Business School

Doctorate fee

Not published

Duration

3–5 years

Entry requirement

Master's, or bachelor's plus 5 years' experience

Accreditor named

QAHE, EAHEA, AAEFL

On a recognised register?

No. ACBSP and AACSB are candidacy only; not on the swissuniversities accredited list

Institution

EIMT

Awarding entity

EAI Malta (dual enrolment)

Doctorate fee

CHF 22,500

Duration

36 months

Entry requirement

Master's or EQF Level 7, minimum 55%

Accreditor named

QAHE

On a recognised register?

No. ACBSP candidacy, in EIMT's words "not yet accredited"; not on the swissuniversities accredited list

Institution

LSMT

Awarding entity

LSMT

Doctorate fee

£22,500

Duration

Conflicting: 30 months, 36 months, or 3–6 years

Entry requirement

Master's or EQF Level 7, minimum 55%

Accreditor named

QAHE — accreditation period ended 4 February 2026

On a recognised register?

No. No evidence found on the OfS Register; LSMT states it is not a UK recognised degree-awarding body

Institution

Birchwood University

Awarding entity

Birchwood University, LLC

Doctorate fee

$24,150

Duration

2 years

Entry requirement

Bachelor's and master's from a regionally accredited institution, GPA 3.0

Accreditor named

None claimed — state licence only

On a recognised register?

No. Florida licence #11386 verified; Florida law states a licence is not accreditation

Institution

American Management University

Awarding entity

Not published

Doctorate fee

$5,550 (US Executive DBA)

Duration

18–36 months

Entry requirement

IABP membership plus a master's

Accreditor named

Contradictory across its two sites

On a recognised register?

No. QAHE, IARC and APME of London absent from every register checked

Institution

Euro American Education Group

Awarding entity

Euro American Institute (EAI) Malta

Doctorate fee

€18,000

Duration

36 months

Entry requirement

IELTS 6.5 or equivalent

Accreditor named

MFHEA licence 2024-032

On a recognised register?

MFHEA is Malta's national regulator — the strongest claim here — but it is not on EQAR, and we could not verify the licence against the register

How to read each column

Awarding entity. The organisation whose name goes on your final award, which is not always the one recruiting or teaching you.

Doctorate fee. Dunster publishes no fee for any programme, so it cannot be compared on cost until you obtain a written quotation. Every published figure excludes some combination of registration, examination, extension, resubmission and graduation charges — ask for the total.

Duration. LSMT publishes three different lengths for the same doctorate across its own pages. We have listed all three rather than choosing the shortest.

Entry requirement. Birchwood's is the one to notice. It requires incoming students to hold degrees from a regionally accredited institution — a standard Birchwood itself does not meet. That asymmetry is worth thinking about before you pay.

Accreditor named. QAHE appears against four of the six. It is a private accreditation body, not a national regulator, and it does not appear on any recognised register we checked. LSMT's QAHE accreditation period ended on 4 February 2026 with no published renewal.

On a recognised register. The registers we checked are the swissuniversities accredited list for Switzerland, the Office for Students Register and the recognised bodies lists for the four UK nations, the CHEA directories and the US Department of Education database for the United States, and EQAR for European quality assurance agencies.

Interactive guide

Explore the decision points

Focus 01

The four words that do most of the damage

Four terms appear across these institutions' websites and are routinely read as meaning more than they do. Getting them straight resolves most of the confusion this table exists to address.

Licence. Permission from a state or national body to operate as an educational institution in that place. It is about legality, not academic standing. Florida's statute puts it beyond argument: "The granting of a license is not an accreditation." Malta's MFHEA licence is a stronger instrument than Florida's because MFHEA is a higher education regulator rather than a general commercial one — but it is still a provider licence, and provider licensing and programme accreditation are separate steps.

Accreditation. An assessment of an institution or a programme against published standards. The word does real work only when you also know who accredited, and whether that accreditor is itself recognised. QAHE accreditation and regional accreditation in the United States are both called accreditation and are not comparable things.

Candidacy. A process that has started and has not finished. Dunster holds ACBSP and AACSB candidacy; EIMT holds ACBSP candidacy and says in its own words that this means "not yet accredited". Candidacy may become accreditation. It may also lapse. It is not a result, and it should never be presented as one.

Membership. Payment of a subscription to an association. IACBE states this itself: educational membership does not imply accreditation. A membership logo in a footer is a fact about a relationship, not a judgment about quality.

A fifth item belongs here too. An exemption — as in American Management University's exemption from California licensing — is a decision that a body does not need a licence. It is the absence of a requirement, not the presence of an approval.

Before you decide

  1. Identify the legal entity that will issue your award, and confirm it in writing.
  2. Check that entity on the official register for its own country, not on its own website.
  3. Ask the authority that needs to accept your qualification whether it will — before enrolling.
  4. Get the total cost, the duration, the delivery obligations and the refund terms in one written document.
  5. Where an institution's own pages contradict each other, ask which version applies to you.

If a route does not survive those five steps, that is a useful result rather than a setback.

All facts checked 28 August 2026 against each institution's own website and the registers named above. Institution facts change; verify before you rely on them.